Tag: Insurance
Union Assurance PLC: Financial Performance 1Q 2024
Based on the provided interim financial statements for Union Assurance PLC for the quarter ended 31st March 2024, the company has shown a positive financial performance with several indicators of profitability improving compared to the same period in the previous year. Here’s an analysis of the key financial metrics: The financial performance of Union Assurance…
Ceylinco Insurance PLC: Financial Performance 1Q2024
Profitability:Ceylinco Insurance PLC reported a consolidated profit of Rs 2,799,970,000 for the quarter ended 31st March 2024. This is an increase from the profit of Rs 2,074,252,000 reported for the same period in the previous year. This indicate an improvement in profitability year-over-year. Revenue Streams:The company’s revenue streams include premiums/revenue received from customers, which amounted…
Janashakthi Insurance PLC: Financial performance 1Q 2024
The financial performance and profitability of Janashakthi Insurance PLC for the quarter ended 31st March 2024 can be assessed by examining key figures from the interim financial statements: The increase in Gross Written Premium and Profit for the Period suggests that Janashakthi Insurance PLC has experienced positive growth in its core operations. The rise in…
Softlogic Life Insurance PLC: Latest Financial Performance 1Q2024 and Future Outlook
The latest financial performance of Softlogic Life Insurance PLC, as per the provided context, can be summarized as follows: Key Ratios (FY2023) The annual report of Softlogic Life Insurance PLC for the year 2023 provides several key ratios that can be used to analyze the company’s financial performance and stability. Here’s a breakdown of some…
Peoples Insurance PLC: Financial Performance FY2023
latest financial performance of Peoples Insurance PLC for the fiscal year ending December 31, 2023, can be summarized as follows: Key Financial Ratios key financial ratios for Peoples Insurance PLC for the fiscal year ending December 31, 2023, are as follows: These ratios provide insights into the company’s financial performance, efficiency, profitability, and market valuation…
HNB Assurance PLC – Financial Performance 1Q2024
The financial performance of HNB Assurance PLC as at 31st March 2024 is as follows: These figures indicate that HNB Assurance PLC has shown a positive financial performance in the first quarter of 2024, with increases in investment balances, cash at bank balances, and profit for the period. The administration expenses have decreased, which could…
Ceylinco Insurance PLC: Latest financial Performance, Ratio Analysis and future outlook
Financial Performance: Ceylinco Insurance PLC’s latest financial performance for the year ended 31st December 2023, as reported in their Integrated Annual Report, shows the following highlights: These figures indicate that Ceylinco Insurance PLC has experienced growth in premium income and other revenues, although there was a slight decrease in profit before the share of associates.…